Armenia vs Madagascar: Terms of trade adjustment

Armenia
-348.18 billion constant LCU
in 2025
Madagascar
-328.58 billion constant LCU
in 2025
Armenia rank
166th
Madagascar rank
163rd

Terms of trade adjustment over time

  • Armenia
  • Madagascar
-500.0B0500.0B1.0T1.5T2.0T196019922025

How they compare

Madagascar currently reports -328.58 billion constant LCU against -348.18 billion constant LCU in Armenia, a difference of 19.60 billion constant LCU.

The two have swapped places 7 times across 32 shared years of data; in 1994 it was Armenia ahead.

Armenia ranks 166th and Madagascar ranks 163rd of 179 countries.

Across the 4 decades both report, Armenia averaged higher in 1 and Madagascar in 3.

Head to head by decade

Decade Armenia Madagascar Difference Ahead
1990s 69.62 billion constant LCU -378.07 billion constant LCU 447.69 billion constant LCU Armenia
2000s 75.52 billion constant LCU 161.00 billion constant LCU 85.48 billion constant LCU Madagascar
2010s -172.06 billion constant LCU 671.50 billion constant LCU 843.56 billion constant LCU Madagascar
2020s -358.10 billion constant LCU 125.52 billion constant LCU 483.62 billion constant LCU Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher terms of trade adjustment, Armenia or Madagascar?
Madagascar, at -328.58 billion constant LCU against -348.18 billion constant LCU in Armenia as of 2025.
What is the difference in terms of trade adjustment between Armenia and Madagascar?
19.60 billion constant LCU, with Madagascar ahead.
How many years of comparable data are there for Armenia and Madagascar?
32 years are reported by both, from 1994 to 2025.
How do Armenia and Madagascar rank globally for terms of trade adjustment?
Armenia ranks 166th and Madagascar ranks 163rd of 179 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Terms of trade adjustment (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Madagascar: Terms of trade adjustment. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/terms-of-trade-adjustment-constant-lcu/armenia/madagascar/

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About this data

Indicator
Terms of trade adjustment (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
179 places, 7,601 data points, 1960–2025
Last refreshed

The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.